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  • Mid-Term Rentals: Ask Me Anything With Expert and Coach Jesse Vasquez

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  • Jesse Vasquez

    Member
    29.01.25

    @jessiepalmviewprops-com What tips do you have to minimize vacancy gaps between tenants? This is a great question! I believe it’s most important if you have the ability to piggyback off the short-term rental space that you’re able to utilize vacancies in between 30 days as short term rentals. This allows you for greater flexibility, please keep in mind if you’re getting involved with Mid Term rentals you have to make sure that you’re not super specific on one avatar, such as insurance relocation, housing, if you’re just waiting for this particular type of guest, it may be very difficult to continue to build that individual focus. I always find it most useful multiple different types of clients in rotation at the same time, think, travel, nurses, temporary housing, business travelers, etc. Also listing on ALL STR platforms and ZIllow is key!

  • [email protected]

    Member
    29.01.25

    Jane can you share how you advertise and find tenants?

  • Jesse Vasquez

    Member
    29.01.25

    @rlrrentalsoutlook-com I do believe that it is important to approach this more as a business to business approach. We are reaching out to companies individually as opposed to sending a large scale google campaign. I would be looking at Furnished finder reaching out directly to unmatched leaves that are on this space, listing on all platforms, such as Airbnb and VRBO. I would be checking to see what is happening in the market that you’re in, is new construction, is there a hotels that have quite a bit of business travelers? I would start to look to see who those companies are maybe even by driving by and taking pictures of work and sending notes for companies the next day and how you can serve them/ allow them to save money and be in a comf place like a home.

  • [email protected]

    Member
    29.01.25

    I would love to hear more about your business model. I have ltr and looking to change but need to understand more before taking the plunge.

  • Jephte Augustin

    Member
    29.01.25

    In my experience, I have found my tenants to be professionals who care a lot about

    1) the review they receive on Airbnb if I get them from Airbnb. They care about their image

    2) minimizing back and forth (arguments) with the Landlord.

    3) their credit score.

    All those factors have lead me to having tenants that act with a little more respect for the space they occupy.

    It’s not fool proof as anyone can pose as anything these days. But screening helps minimize bad actors.

  • Jephte Augustin

    Member
    29.01.25

    In my experience, I have found my tenants to be professionals who care a lot about

    1) the review they receive on Airbnb if I get them from Airbnb. They care about their image

    2) minimizing back and forth (arguments) with the Landlord.

    3) their credit score.

    All those factors have lead me to having tenants that act with a little more respect for the space they occupy.

    It’s not fool proof as anyone can pose as anything these days. But screening helps minimize bad actors.

  • Jesse Vasquez

    Member
    29.01.25

    @jephte22gmail-com thats a great idea! In fact, I think this is one of the best ways to build relationships with potential landlords, especially if you’re looking to cohost which I think 2025 is going to be a massive year for Mid Term rental operators who are thinking just like you are right now. The problem with this is there’s no software the specifically shows a score and that’s where you have to manually go in and do quite a bit of data research to find out how much people are actually earning in the markets. I have a recent YouTube video that I posted specifically on this. Let me post the link down below hopefully this helps you out. https://youtu.be/J7HCAJQ-Vm0?si=7Zb2W35p3r9sm28c

  • Jesse Vasquez

    Member
    29.01.25

    @seamus-nally Hmm. I’ve never thought of mid-term rentals having a higher likelihood of “good” tenants. Do you mind sharing how you’ve found mid-term rentals as a solution for Landlords that have struggled finding great tenants?- One of the reasons that I love Mid Term rental so much is because folks that are staying at your property or typically on assignment, which means they have a place to go back to. A mortgage are potentially paying or rent at a different location. This could be travel nurses it could be construction workers working on certain sites within a certain market, there’s a large range of customers to choose from. These folks want to go back to where they live and or reside. I think the biggest upside to not only having good tenants is that the price point is typically higher than long-term rental rates. Which allows you to have best of both worlds, higher cash flow, and tenants or just assignment WANTING to go back home.

  • Jephte Augustin

    Member
    29.01.25

    Thanks Jesse. I’m working on that software problem right now.

    I have a manual method but it can be automated with the right system.

  • Jesse Vasquez

    Member
    29.01.25

    Pro tip on searching for travel clinicians. I would head over to indeed.com, type in whatever market you’re in and look for travel, medical professionals, or travel, registered nurses, this will allow you to see what companies are actually hiring for these individuals, that’s why I pick up the phone and dial them and ask how you can house clinicians coming into your market. Furnished finder is also a great space to connect with unmatched leads, which our folks were looking for property, but might not specifically be looking for yours individually, this is where you were able to uncover these that they may have or have a direct conversation to see why they need housing, what company they work for and how long / how many folks on their team may need housing. You can also check out on site called https://www.vivian.com/ this site you can see what companies are hiring as well.

  • Jesse Vasquez

    Member
    29.01.25

    @infoherediaholdings-com I would most definitely be looking to connect with the relocation specialist that work for the company. Keep in mind this is a very difficult thing to do, especially as more people are adopting this so the primary focus should be nurturing relationships with folks with these companies rather than actually getting your house booked. What I mean by that is most people Want to get their properties booked, but aren’t willing to put in work to help the relocation specialist find properties in other markets. That would be the first suggestion that I have is build a relationship by helping one of these individuals in a different market specifically for their client. I would also head over to the websites in your property into their database.

  • Jesse Vasquez

    Member
    29.01.25

    @hlhomes One of my favorite property types to list is a three bedroom two bath, this is the most common property in the US. That being said it does really matter on how you design the property and also who your client avatar will be I’d really focus on making sure the place is clean, comfortable and appealing. That also has a backyard and potentially a, walk-in shower plus a tub. Ive lost opportunities to work with families because a i didnt have a tub for kids etc. i would be focusing on many different clients at the same time, such as insurance temp housing, nurses, construction / work force housing.

  • Jonathan Forisha

    Member
    29.01.25

    @park-blvdcomcast-net The event is right here in this forum! Jesse is going through and answering questions about mid-term rentals. Post your question here to get rolling!

  • Jesse Vasquez

    Member
    29.01.25

    @dancinalli5gmail-com Many insurance providers are shifting their policies, making it harder for mid-term rental (MTR) operators to find coverage that aligns with 90-day stays. Since most traditional landlord policies are designed for long-term tenants, anything under 150 days often falls under short-term rental insurance, which can be more expensive but ensures proper coverage.

    I recommend securing a 30-day or less short-term rental policy to stay fully protected. One of my go-to providers is Steadily.com, as they understand the nuances of MTRs. Always make sure your policy aligns with the actual length and type of stays you host to avoid coverage gaps.

  • Jesse Vasquez

    Member
    29.01.25

    @sylviascincopropertygroup-com I totally feel your pain, even after nearly a decade in this game, I still run into vacancy issues. It’s part of the business. The key is to shift your mindset and treat this like a business by actively building relationships and connecting with companies in your market.

    Ask yourself:

    • Where are you listing your properties? Are you only relying on Airbnb/Furnished Finder, or are you also doing direct outreach to companies?

    • Are you using Furnished Finder’s unmatched leads to connect with potential tenants who haven’t found a place yet?

    • Have you reached out to travel nurse agencies, insurance housing companies, or corporate relocation firms?

    I break down exactly how to stay booked and get in front of the right clients on my YouTube channelcheck it out for detailed strategies that can help:

    📺 Jesse Vasquez YouTube

    The biggest mistake I see? Sitting back and waiting for bookings instead of actively marketing to the right people. Outbound messaging is a game-changer. Get in front of the right clients, and you won’t have to worry about vacancies.

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